GNX 1.89% 27.0¢ genex power limited

I'm with you all being impatient with a response on this low...

  1. 153 Posts.
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    I'm with you all being impatient with a response on this low ball offer. Easily valued at 30c+ and much more long term once the projects are complete. Having a look at few articles, it's clearer to understand why it may take so long for a take over bid that was unsolicited. See below extract. Hopefully we hear something Monday, fingers crossed it's the finger to Skip and we get a more reasonable counter offer. Have a great weekend and see you all Monday

    "The indicative proposal is subject to a number of conditions including due diligence, internal approvals, the unanimous recommendation by the Genex Board, binding transaction documents, and Foreign Investment Review Board approval"
 
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
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